Why use a mortgage broker in Stourbridge like us?

As a mortgage broker based in Stourbridge, we are dedicated to providing support and guidance throughout the entire mortgage process. Our goal is not only to search the market for the most appropriate mortgage deal for you but also to find a product that is tailored to fit your specific personal and financial circumstances.

How much deposit do I need for a mortgage in Stourbridge?

When getting a mortgage in Stourbridge, you will usually need a minimum of a 5% deposit based on the property’s value.

If you have poor credit, you may be asked to provide a more substantial deposit, generally ranging between 10%-15%.

When should I obtain an agreement in principle in Stourbridge?

It is recommended that you obtain an Agreement in Principle (AIP) before viewing properties as it shows that you have the financial capability to pay for the mortgage, subject to providing evidence to support your income, credit history, and other pertinent factors.

I have bad credit, can I get a mortgage in Stourbridge?

Despite having a poor credit score, in some cases, it can still be possible to get a mortgage in Stourbridge. This may be made possible through specialist mortgage lenders, however, these mortgage lenders often require you to put down a higher deposit, usually ranging from 10%-15%, as a demonstration of your reliability.

If you’re searching for mortgage advice in Stourbridge and need help improving your credit score, please don’t hesitate to contact our team.

Can I get a second mortgage in Stourbridge?

People take out another mortgage for multiple different reasons, such as consolidating debts, financing home improvements, or expanding a buy to let portfolio.

Working out your eligibility for another mortgage can be difficult as the criteria is so strict. We advise seeking the guidance of a mortgage advisor in Stourbridge to help you make your mortgage decisions.

How does our free mortgage appointment in Stourbridge work?

During your free mortgage appointment with a mortgage advisor in Stourbridge, you’ll have the opportunity to discuss your mortgage options. You will also be asked about your personal and financial situation.

This will usually last around 30 minutes to an hour. Following your free mortgage appointment, your mortgage advisor in Stourbridge will start searching for a mortgage deal that is not only competitive but also matches your personal or financial situation.